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1 vote

Why is there an official retirement age?

Why not have a more dynamic system where you can virtually retire at any age? Defined benefits programs, which is the model used by most government provided pension systems, depend on actuarial ...
  • 11.5k
16 votes

Why is there an official retirement age?

Official retirement ages are usually not maximum retirement ages but minimum retirement ages. People who reached the retirement age are usually still permitted to work and receive a monthly income if ...
  • 70.7k
23 votes
Accepted

Why is there an official retirement age?

The French system is a pay as you go system. It's not your money you saved you retire on (unlike, say, Malaysia), it's the money current workers are still putting in that you get. That, together with ...
8 votes

Why is there an official retirement age?

In my country (Netherlands) I will have to be 69 years and 9 months old to retire... and that number will probably increase because it does frequently (I just turned 29 in September). And the reason ...
  • 1,889
1 vote

Why do politicians get national honorary decorations?

The honour is give for "eminent merit", that is achieving significantly more than their peers in some field, especially one that benefits France in some way. Although sitting members of ...
  • 104k

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